The Layoff’s Begin

from Michelle Malkin:

This is just the beginning.

In case you missed it, Boeing announced massive layoffs and facilities closures yesterday.

In case you missed it, I reported on Obama’s layoff bomb last week.

Refresher:

Obama’s Layoff Bomb October 31, 2012 by Michelle Malkin Creators Syndicate

In June, a diffident and self-deluded President Obama claimed that “the private sector is doing fine.” Last week, the private sector responded: Speak for yourself, buster. Who needs an “October Surprise” when the business headlines are broadcasting the imminent layoff bomb in neon lights?

The Bureau of Labor Statistics reported last Tuesday that employers issued 1,316 “mass layoff actions” (affecting 50 workers or more) in September; more than 122,000 workers were affected overall. USA Today financial reporter Matt Krantz wrote that “(m)uch of the recent layoff activity is connected to what’s been the slowest period of earnings growth since the third quarter of 2009.” Some necessary restructuring is underway in response to the stagnant European economy. But more and more U.S. businesses are putting the blame — bravely and squarely — right where it belongs: on the obstructionist policies and regulatory schemes of the blame-shifter-in-chief.

Last week, Ohio-based auto parts manufacturer Dana Holding Corp. warned employees of potential layoffs amid “looming concern” about the economy. President and CEO Roger Wood specifically mentioned the walloping burden of “increasing taxes on small businesses” and the need to “offset increased costs that are placed on us through new laws and regulations.”

Case in point: Obamacare. The mandate will cost Dana Holding Corp., which employs some 24,500 workers, “approximately $24 million over the next six years in additional U.S. health care expenses.” As Ohio Watchdog blogger Maggie Thurber reported, the firm’s Toledo area corporate offices laid off seven white-collar employees last Friday; company insiders told her more were on the way. They are not alone.

for the rest of the article: http://michellemalkin.com/2012/11/08/you-were-warned-obamas-layoff-bomb-goes-boom/

 

Job Numbers Spark Debate on Their Veracity; Rick Santelli Accurately Predicted This

From Politico:

“Either the Federal Reserve, which has its fingers on the pulse of every element  of the economy, and the Bureau of Labor Statistics manufacturing survey report  are grievously wrong or the number used to calculate the unemployment rate are  wrong, or worse manipulated,” Americans for Limited Government declared in a press release. “Given that these numbers  conveniently meet Obama’s campaign promises one month before the election, the  conclusions are obvious.”

Read more: http://www.politico.com/news/stories/1012/82070.html#ixzz28RId4g2I

Rick Santelli’s reaction:

http://newsbusters.org/blogs/mark-finkelstein/2012/10/05/santelli-smells-rat-i-told-you-theyd-get-it-under-8-they-did

Unemployment drops to 7.8%, Just Before Election!! Reality or Politics?

    Or is it the “Reality of Politics!!”

In one month, the unemployment rate drops almost a half of a percent, falling below 8 percent for the first time in 3 1/2 years. Just 31 days before the election!

And how will the “revised” numbers appear during the month, on a “non-news” day, when no one will hear it.

As former GE CEO Jack Welch has said, they had “a poor debate so lets change the numbers”. Only time will tell.

One thing is for sure, they won’t be telling us the REAL number, which, when you factor in those who have simply left the workforce altogether, the actual rate is above 11%.

 

AB Stoddard: Obama Hopes to Defy History

from The Hill:

Two months to the day after President Obama accepts his party’s nomination for reelection, he will try to defy history and win the presidency with unemployment at 8.4 percent, hoping voters have accepted a “new normal.” Just hours after his now-indoor nomination speech, Obama will have to explain away another employment report, released Friday morning, that by all indications is expected to be less than encouraging. And as they kicked off their convention here in Charlotte and the national debt hit a new record at $16 trillion, Democrats have begun to worry about their campaign going broke as they learned Mitt Romney had raised $100 million in August.

Everyone has their game face on, though. Following Maryland Gov. Martin O’Malley’s (D) admission this last weekend on CBS News that no, he didn’t think Americans are better off than they were four years ago, Democrats downloaded the Obama campaign talking points en masse; everywhere you go in the Queen City, they will tell you gleefully that we are all far better off than we were four years ago. They cite the loss of more than half a million jobs each month at the time Americans chose Obama as their next president and the 29 consecutive months of job growth that followed. They describe the depths of the recession that Obama inherited and the scant cooperation the Congress, particularly Republicans, have offered him in digging us out of the economic hole we fell into four years ago.

for full article: http://thehill.com/conventions-2012/dem-convention-charlotte/247755-opinion-obama-aiming-to-defy-history

Job Numbers Up; Unemployment falls to Lowest Point in 3 Years; Obama to Tout His Plans Are Working

  ” So it’s time to Spend Spend and SOEND some more!!”

   Can you already hera the mantra cry from DNC Chair Rep. Debbie Wasserman-Schultz as she makes her way through the Sunday talk show circuit, proclaiming the efficiencies of the Stimulus, and Stimulus 2.0!?

     David Axelrod will say we just had to give him the chance, the time, for his policies to work.

     With the release of the weekly unemployment claims filed, as wellas the jobs report from January, unemployment has reached its lowest point in three years. At Least that is what we will be told! MOST of the “news” stories will leave out the “cooked books” math that gives us this artificially created number. What they fail to tell us is the REAL unemployment rate, which includes those who are no longer receiving unemployment benefits, and who have stopped looking for work. The rate also does not reflect those who have pieced together several jobs to make ends meet and stay off the government dole.

    So as Obama and his surrogates take to the campaign trail to sing their own praises, keep these things in mind!

Mother, 37, w/ 15 Childrens Says “We” are Not Doing ENOUGH for Her

It speaks for itself…………………..

GA Employer: Not Hiring Until Obama Leaves Office!!

WACO, Ga. (AP) — A west Georgia business owner has been deluged with calls and emails after posting signs on his company’s trucks that say he’s not hiring anyone until President Barack Obama leaves office.

Waco-based U.S. Cranes LLC owner Bill Looman tells WXIA-TV (http://on.11alive.com/u8jDri) that reaction has been so intense he’s had to disconnect his phones and temporarily shut down the company’s website.

He posted the signs on his company’s trucks for other motorists to see on roads and interstates across the South. The signs proclaim “New Company Policy: We are not hiring until Obama is gone.”

http://news.yahoo.com/ga-man-stirs-controversy-not-hiring-signs-135606291.html

DNC Chair Rep. Debbie Wasserman Schultz Finally Meets a Camera She Doesn’t Like

http://weaselzippers.us/2011/10/06/breaking-dnc-chief-wasserman-schultz-found-a-camera-she-did-not-like/#comment-333210

UPDATE: Wall Street Closes 9th Straight Day of Losses, Down 512 Points

Largest drop since December 2008.

Longest straight days of losses since February 1978.

Dow falls. Nasdaq fall. 11% decline in last 10 sessions.

Even GOLD and SILVER dropped.

Jobs report due out tomorrow……….no good spin!

Unemployment to remain @ 9.2%

http://finance.yahoo.com/blogs/breakout/fear-street-inside-stock-sell-off-204130841.html

A Texan’s Answer to Welfare……….. Don’t Like It, Then Get A Job!

A Texan’s Answer to Welfare
Waco Herald Tribute ^ | Nov. 18, 2010 | Anon

Posted on Friday, July 29, 2011 10:37:42 AM by econjack

Put me in charge . . .

Put me in charge of food stamps. I’d get rid of Lone Star cards; no cash for Ding Dongs or Ho Ho’s, just money for 50-pound bags of rice and beans, blocks of cheese and all the powdered milk you can haul away. If you want steak and frozen pizza, then get a job.

Put me in charge of Medicaid. The first thing I’d do is to get women Norplant birth control implants or tubal ligations. Then, we’ll test recipients for drugs, alcohol, and nicotine and document all tattoos and piercings. If you want to reproduce or use drugs, alcohol, smoke or get tats and piercings, then get a job.

Put me in charge of government housing. Ever live in a military barracks? You will maintain our property in a clean and good state of repair. Your “home” will be subject to inspections anytime and possessions will be inventoried. If you want a plasma TV or Xbox 360, then get a job and your own place.

In addition, you will either present a check stub from a job each week or you will report to a “government” job. It may be cleaning the roadways of trash, painting and repairing public housing, whatever we find for you. We will sell your 22 inch rims and low profile tires and your blasting stereo and speakers and put that money toward the common good.

Before you write that I’ve violated someone’s rights, realize that all of the above is voluntary. If you want our money, accept our rules.. Before you say that this would be “demeaning” and ruin their “self esteem,” consider that it wasn’t that long ago that taking someone else’s money for doing absolutely nothing was demeaning and lowered self esteem.

If we are expected to pay for other people’s mistakes we should at least attempt to make them learn from their bad choices. The current system rewards them for continuing to make bad choices.

AND While you are on Govt subsistence, you no longer can VOTE! Yes that is correct. For you to vote would be a conflict of interest. You will voluntarily remove yourself from voting while you are receiving a Govt welfare check. If you want to vote, then get a job.

http://www.freerepublic.com/focus/f-news/2755722/posts